Issue Price
₹283
Per Share
GMP
NIL
Grey Market
Est. Listing
₹283
Expected Price
Min. Application
₹226,400
2 lots × 400 shares
Incorporated in February 2023, Sahasra Electronic Solutions Limited is an Electronic System Design and Manufacturing company that provides electronic system design and manufacturing ("ESDM") services at its Noida plant.The company provides products and solutions such as printed circuit board ("PCB") assembly, Box Build, and LED lighting. Memory, IT accessories, computer and IT hardware.During FY 2024, the company exported over 80% of its products and solutions to global manufacturers in countries such as the United States of America, Rwanda, Tunisia, the United Kingdom, Germany, Canada, Austria, and Belgium.The company has a manufacturing capacity of 1.8 million units through its EN 9100:2018 certified plant in Noida.The product portfolio of the company includes:1. Printed circuit board assemblies (PCBAs): The company's PCBAs are utilized in products manufactured in the automotive, medical, industrial, IT, and consumer products industries. This includes box-build products such as laptops and tablets.2. LED lighting solutions include the LED chip, power supply, printed circuit board, and housing.3.Computer and IT accessoriesinclude motherboards, DRAM modules, solid-state drives (SSD), USB drives, and other memory products and accessories.The company is certified under 9100:2018 (equivalent to AS 9100D and JISQ 9100:2016, including ISO 9001:2015) for Quality Management Systems for manufacturing PCB assemblies.Competitive StrengthsDiverse solutions including PCB assembly, box build assemblies, and design solutions.Established relationships with customers across various countriesThe manufacturing facility is in a special economic zone, giving access to tax benefits for its products manufactured and exported from there.The ERP platform meets the quality standards its customers require.Diversified Board of Directors, complemented by a robust management team with extensive experience in the electronic manufacturing sector.As of March 2024, the company had 160 permanent employees
Sahasra Electronic Solutions Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 329,600 | — | ₹9.33 Cr | — |
| TOTAL | 6,578,000 | 100.00% | ₹186.16 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 400 | ₹113,200 |
| Retail (Max) | 13 | 5,200 | ₹1,471,600 |
| sNII (Min) | 14 | 5,600 | ₹1,584,800 |
| bNII (Min) | 68 | 27,200 | ₹7,697,600 |
| Particulars | 31 Mar 2024 | 31 Mar 2023 | FY 2022-23 |
|---|---|---|---|
| Revenue from Operations | 10278.79 | 1063.91 | N/A |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 3262.77 | 230.55 | N/A |
| Net Worth | 6031.69 | 2027.50 | N/A |
| Total Assets | 10804.36 | 4820.23 | N/A |
| Reserves & Surplus | 4140.21 | 230.55 | N/A |
| Total Borrowings | 2171.89 | 689.84 | N/A |